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Newspaper Billionaires

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On
August 5, 2013, it was announced that Amazon.com-founder Jeff Bezos had
purchased the Washington Post for
$250 million. The sale constitutes less than one percent of Bezos’ net
worth. While the internet billionaire has stated that he will not relocate or
take on a day-to-day role in the newspaper’s operations, speculation continues
about how Bezos could reshape the struggling giant.

Photo: JOE KLAMAR/AFP/Getty Images


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